| (a) An educator preparation program (EPP) that changes
ownership shall notify Texas Education Agency (TEA) staff of the change
of ownership in writing within 10 days of the change.
(b) A change of ownership is any agreement to transfer
the control of an EPP. The control of an EPP is considered to have
changed:
(1) in the case of ownership by an individual, when
more than 50% of the EPP has been sold or transferred;
(2) in the case of ownership by a partnership or a
corporation, when more than 50% of the owning partnership or corporation
has been sold or transferred; or
(3) in the case of ownership by a board of directors,
officers, shareholders, or similar governing body, when more than
50% of the ownership has changed.
(c) An EPP that is not a college or university may
not change its name unless it has notified the TEA of a change of
ownership within the preceding 90 days and has a State Board for Educator
Certification (SBEC) accreditation status of Accredited or Accredited-Not
Rated. The EPP shall notify TEA staff of the name change in writing.
(d) An EPP that is a college or university may change
its name if the EPP has notified the TEA that the entire college or
university has changed its name.
(e) An EPP shall annually report to the SBEC all names
that the EPP has done business as during the preceding year. The TEA
shall make EPPs' doing-business-as names available to the public on
the TEA website as consumer information.
(f) TEA staff shall recommend an accreditation status
of Accredited-Probation in accordance with §229.4(e)(2) of this
title (relating to Determination of Accreditation Status) for any
EPP that fails to timely notify TEA staff regarding a change in ownership
or a change of program name.
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